Energy Services of America Co. (NASDAQ:ESOA) Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. lessened its stake in Energy Services of America Co. (NASDAQ:ESOA) by 41.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,500 shares of the company’s stock after selling 8,700 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Energy Services of America were worth $158,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ESOA. Navellier & Associates Inc. boosted its holdings in Energy Services of America by 4.2% in the fourth quarter. Navellier & Associates Inc. now owns 34,000 shares of the company’s stock valued at $429,000 after acquiring an additional 1,382 shares during the last quarter. State Street Corp lifted its stake in shares of Energy Services of America by 16.4% in the 3rd quarter. State Street Corp now owns 35,529 shares of the company’s stock valued at $338,000 after purchasing an additional 5,000 shares in the last quarter. Virtu Financial LLC grew its holdings in shares of Energy Services of America by 35.4% during the 3rd quarter. Virtu Financial LLC now owns 21,110 shares of the company’s stock worth $201,000 after purchasing an additional 5,516 shares during the period. Quantbot Technologies LP acquired a new stake in Energy Services of America during the 4th quarter worth approximately $100,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Energy Services of America in the fourth quarter valued at approximately $140,000. 2.13% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Energy Services of America

In other news, Director Mark Prince acquired 21,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were bought at an average price of $10.96 per share, for a total transaction of $230,160.00. Following the completion of the purchase, the director now directly owns 100,071 shares of the company’s stock, valued at approximately $1,096,778.16. This trade represents a 26.56 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 44.68% of the company’s stock.

Energy Services of America Trading Up 8.4 %

ESOA opened at $10.21 on Tuesday. Energy Services of America Co. has a 52-week low of $5.70 and a 52-week high of $19.83. The company has a 50 day moving average of $10.85 and a two-hundred day moving average of $11.84.

Energy Services of America (NASDAQ:ESOA) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05).

Energy Services of America Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.03 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.18%. Energy Services of America’s dividend payout ratio (DPR) is currently 65.57%.

Energy Services of America Company Profile

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.